NO, McGraw-Hill Dividends Will Not Last Forever
I just finished reading an article called “McGraw-Hill's Dividends May Not Last Forever” by Jordan DiPietro published on December 28, 2010 that made me laugh this morning. Starting the article with anticipation from the title that some one out there may be just looking out side the bubble world that is quickly popping right now. I was quickly let down as the title was a pure deception to get an investor believing that all is going well just as the Titanic hits the iceberg and that this ship is unsinkable so just go back to bed and ignore what is really going on. How naïve can a person be not to even mention the current world events better put, wolves at the door of McGraw-Hill and all the bloated pot belly publishers of college text books. No mention that the USA and world economies are in collapse, that the Federal Reserve is printing trillions of fake money in order to purchase US Treasury paper because the foreign governments will not buy the trash, that the USA economy is really in a economic depression covered up by the Fed's cheap printed money, that unemployment is really at the 22% level as per shadowstats.com and the Federal student loan campaign is nothing more than a scam to enslave generations of foolish young people and their even more foolish parents. Mcgraw-Hill and Jordon DiPietro the author are like the rich folks on the Titanic having whiskey and cigars, ignoring the rising water level. Mcgraw-Hill and the others may be steaming along at full speed now but it is only because the system is rigged and that is about to end. When the markets collapsed 2 years ago McGraw-Hill imploded from its all time high of about $72 to about $16 in a mater of months and the only thing that stopped it was the government Tarp bailout and the beginning of the trillions of dollars printed that has not yet been account for. The government pumped in trillions of their monopoly money into the markets and into student loans and dozens of other social welfare scams to keep the party going. Now all these graduating students with massive student loans are entering the job market and there are no jobs.
In a previous article I posted recently called, “Dump The Publishers Like McGraw-Hill” I tell the story of what is really happening and going to happen relating Mcgraw-Hills publishing division which is only about 17% of the total company(Please Read The Entire Article). Given in part “The number two prediction of the National Inflation Association top 10 predictions for 2011 is the the beginning of the bankruptcy of the American colleges. The article posted below explains what I have been saying for some time. The college and university system is as corrupt and wasteful as the Federal Government is. The publishing companies that supply the flashy text books at exorbitant prices which students are forced to buy, by demand of corrupt professors who may be the author or aspiring to be one are as guilty as the university system itself. The party is ending and publishing companies like McGraw-Hill who supply such text books are going to take the fall in the next few years. With the the rapid decline of the university population because of the imploding economy and soon to be shut down of the also corrupt student loan scam, there will be no need for more flashy text books. The older ones in the 4th or above additions will be used until the pages fall out and professors will have to actual get off their ass and learn to teach instead of being parasites.”
McGraw-Hill is a parasite like many companies of the consumerism years that is now ending with the collapse of the USA and will not be handing out dividends much longer. The party is over and the water is rising quickly on the deck of the Titanic and I would be buying a lifeboat of gold and silver bullion and their mining stocks instead of a corrupt industry of publishing stocks. Read all my article on the message boards for the real truth.
